Research Is a Key Contributor to the Vital Process of Innovation

question 89

Multiple Choice

Research is a key contributor to the vital process of innovation. The type of research that is generating new knowledge in its purest form rather than focusing on a specific, practical objective is known as ____________.

• A) applied research
• B) R & D
• C) curiosity-driven research
• D) competitor intelligence
• E) value-added research

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Definitions:

Company-wide Profit

The total earnings or net income generated by all operations and departments of a business.

Profit Centers

Sections or divisions of a business that are directly responsible for generating profit, often evaluated separately for performance analysis.

Management Pay

Compensation, including salaries, bonuses, and other benefits, provided to individuals in managerial positions within organizations.

Division Performance

Evaluation of a specific division's operations within a larger company, focusing on its efficiency, productivity, and contribution to overall corporate goals.